Condos for Sale | Caveat Emptor : A Home or Investment? Vol 1.

Aggregating the real estate of condominium commentary, opinion, tragedy and truth being told to the public. Buy into the author’s thought or sell your own. For legal advice, consult a professional condominium lawyer.

Condo Board Elections and Voting: No More Proxy Fraud

The condominium lifestyle grows ever more popular in Ontario: over 11,000 condominium corporations are registered throughout the province, each governed by a board of directors typically comprised of inexperienced owners who step forward as volunteers. Source: Denise Lash, Lash Condo Law

Court Expands Condo Lien Notification Requirements

In a not yet reported case, courts appear to have expanded the notice requirement when liening a condo unit. Failure to properly notify the owner’s spouse may render the lien invalid as against said spouse, even if she neither owns, nor occupies the unit. Source: Rod Escayola, Gowling WLG (Canada) LLP

What If an Owner Doesn’t Have Proper Reasons for Requesting a Record?

The amended Act [Section 13.3 (1) of Regulation 48/01] now says that owners, purchasers and mortgagees (or their duly authorized agents) can now see records provided their request is solely related to that person’s interests as an owner, a purchaser or a mortgagee of a unit, as the case may be, having regard to the purposes of the Act. Source: James Davidson, Davidson Houle Allen LLP

Condo Forms to be Delegated to the CAO?

Are you still struggling with the various condo forms? We keep hearing that some of them are confusing and difficult to complete. Many of these forms also continue to be fillable online only if you use Internet Explorer. Source: Rod Escayola, Gowling WLG (Canada) LLP



Condominium Law: Regulatory Proposal Available for Public Comment

Regulatory proposals under the Condominium Act, 1998 now available for public comment

There are various forms (mandatory and optional) under the Condominium Act, 1998 and regulations made under that Act. The Ministry of Government and Consumer Services (Ministry) and the Condominium Authority of Ontario (CAO) have received some feedback from the condominium sector regarding certain forms. Source: The Ministry of Government and Consumer Services, © Queen’s Printer for Ontario

My notification was received on September 23, 2019. The Ministry is accepting public input until September 30, 2019 only. Care to have a say?

Are You Serious? Volume 5.

Aggregating the real estate of condominium commentary, opinion, tragedy and truth being told to the public. Buy into the author’s thought or sell your own. For legal advice, consult a professional condominium lawyer.

Fastest growth in Toronto condo prices is actually not in the downtown

In Toronto, the neighbourhoods with markedly lower condo inventories are seeing faster growth in average unit price. Source: Ephraim Vecina, Key Media Pty Ltd

Kitec: What buyers and sellers need to know

Kitec piping was sold and used between 1995 and 2007. It was used in new home construction and in renovations of some existing homes as a piping system for carrying water throughout the house, and for supplying water to radiant heating systems for both the home and for flooring and heated towel racks.  Source: Martin Rumack, REM Real Estate Magazine

Email Messages Are Not Condominium Records

In the case of Yeung v. MTCC 1136, the Applicant owner in the condominium applied to CAT for access to email correspondence relating to the condominium corporation’s renewal of a gas contract. The email correspondence in question was referenced in Board minutes. Source: James Davidson, Davidson Houle Allen LLP

How a semi-retired photographer lives in 330 square feet

Dave, a former financial services administrator, decided to downsize his life so he could pursue his passion for street photography full time. This spring, he sold his detached two-bedroom house in the Upper Beaches, where he’d been living on his own for the past 31 years, and found a 300-square-foot rental in a 1970s Regent Park building. Source: Jean Grant, Toronto Life

Ontario Property Tax Rates: What You Need to Know When Buying a Home

If you’re considering buying a home, property taxes are an important element to plan for. As a homeowner, you will pay property taxes annually, even after your mortgage is paid off, so it’s important to properly account for them in your budget. Source: Zoocasa Realty Inc.

Can New Condominium Corporations Get Out of Their Cost-Sharing Obligations for Shared Facilities?

In some instances where a condominium has a shared facility (shared with another party), the condominium developer enters into a Shared Facilities Agreement before the condominium corporation is declared. The Agreement then appears on title to each unit at the condominium with the intention that the Condominium Corporation would assume the contractual obligations even though it was never a signatory to the Agreement. Source: David Lu, Davidson Houle Allen LLP